Issue link: https://maltatoday.uberflip.com/i/961209
maltatoday WEDNESDAY 4 APRIL 2018 12 Business Today Market Summary as at 04/04/2018 Equity Official List Session State ................................................................... Market Closed Number of trades ........................................................... 108 Volume Traded ................................................................. 759,021 Value of € denominated securities .................................... 965,983.10 Value of US$ denominated securities ................................ 787.18 Value of GBP£ denomi nated securities .............................. 0.00 Current Index ................................................................... - Previous Index ................................................................. - Change in Index (%) ......................................................... - Bank of Valletta plc ........................ 1.780 -1.11% Mapfre Middlesea plc .................... 2.100 0.00% FIMBank plc .................................. 0.575 -4.96% MIDI plc ........................................ 0.346 0.00% GlobalCapital plc ........................... 0.350 0.00% Plaza Centres plc ........................... 1.060 0.00% GO plc ........................................... 3.600 2.86% RS2 Software plc............................ 1.440 0.70% Grand Harbour Marina plc ............. 0.730 0.00% Simonds Farsons Cisk plc ............... 6.950 0.00% HSBC Bank Malta plc ..................... 1.860 0.00% Tigné Mall plc ................................ 0.950 0.00% International Hotel Investments plc 0.620 0.00% Pefaco International plc ................. 2.240 0.00% Lombard Bank Malta plc ................ 2.400 0.00% Santumas Shareholdings plc ......... 1.500 0.00% Malita Investments plc ................... 0.850 6.25% Malta Properties Company plc ........ 0.490 4.26% Malta International Airport plc ....... 4.940 0.82% PG plc ........................................... 1.360 0.00% MaltaPost plc ................................. 1.860 0.00% Trident Estates plc ......................... 1.910 0.53% Medserv plc .................................. 1.120 1.82% MSE Index Regular market closed –04/04/2018 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ▼ BOV 107,810 194,202.64 34 1.815 1.780 1.810 1.780 -0.020 ▼ FIM 1,369 787.18 2 0.575 0.575 0.575 0.575 -0.030 ▲ GO 15,800 56,614.60 3 3.600 3.580 3.580 3.600 0.100 ● HSB 3,831 7,125.66 2 1.860 1.860 1.860 1.860 0.000 ▲ MDS 6,200 6,944.00 1 1.120 1.120 1.120 1.120 0.020 ▲ MIA 4,110 20,263.40 4 4.940 4.920 4.920 4.940 0.040 ▲ MLT 163,757 132,038.09 11 0.850 0.800 0.800 0.850 0.050 ▲ MPC 24,700 11,516.80 6 0.490 0.456 0.466 0.490 0.020 ▲ RS2 9,000 12,960.00 3 1.440 1.440 1.440 1.440 0.010 ● SFC 55 382.25 1 6.950 6.950 6.950 6.950 0.000 ▲ TRI 10,400 19,847.49 5 1.910 1.900 1.900 1.910 0.010 ▼ G18A 2,330 2,376.60 1 102.000 102.000 102.000 102.000 -0.220 ▲ G21A 4,659 5,425.87 1 116.460 116.460 116.460 116.460 0.020 ▲ G28A 42,000 56,698.00 2 135.000 134.900 134.900 135.000 0.550 ● G29B 6,000 6,577.20 1 109.620 109.620 109.620 109.620 0.000 ▲ G30A 40,000 56,964.00 1 142.410 142.410 142.410 142.410 0.280 ▼ G32A 90,000 122,846.00 3 136.500 136.490 136.490 136.500 -0.010 ▲ G32B 10,000 13,400.00 1 134.000 134.000 134.000 134.000 0.450 ▲ G33A 43,000 57,271.70 2 133.190 133.190 133.190 133.190 0.280 ● G35A 3,000 3,134.40 1 104.480 104.480 104.480 104.480 0.000 ▼ G39A 15,000 15,220.50 1 101.470 101.470 101.470 101.470 -0.530 ▼ G40A 28,100 33,074.08 3 117.760 117.600 117.600 117.760 -0.490 ● G41A 10,000 10,743.00 1 107.430 107.430 107.430 107.430 0.000 ● BV30A 55,000 55,552.50 3 101.010 101.000 101.000 101.000 0.000 ▼ BX27A 10,000 10,300.00 1 103.000 103.000 103.000 103.000 -0.750 ● CB27A 6,100 6,161.00 2 101.000 101.000 101.000 101.000 0.000 ▼ GC21A 2,000 1,940.00 1 97.000 97.000 97.000 97.000 -2.750 ● HP25A 2,000 2,112.00 1 105.600 105.600 105.600 105.600 0.000 ● MD26A 6,800 7,085.60 2 104.200 104.200 104.200 104.200 0.000 ● MM26A 5,000 5,225.00 1 104.500 104.500 104.500 104.500 0.000 ▼ PC26A 8,000 8,264.72 2 103.750 102.910 103.750 102.910 -1.140 ▼ PG20A 8,000 8,476.00 2 105.950 105.950 105.950 105.950 -0.010 ● VH24A 7,000 7,000.00 2 100.000 100.000 100.000 100.000 0.000 ● VR27A 8,000 8,240.00 1 103.000 103.000 103.000 103.000 0.000 Oil recovers from steep drop, but trade and output concerns linger Oil rose yesterday, boosted by the prospect of a potential slow- down in US crude production growth, although higher Russian output and Saudi Arabia pos- sibly cutting its selling prices acted as a drag. The mood across fi nancial markets was cautious after China announced last week it would slap extra tariffs on 128 US products, deepening a dispute between the world's two biggest economies and stoking concerns about the impact on global growth. Brent crude futures were last up 47 cents on the day at $68.11 a barrel by 0856 GMT, while West Texas Intermediate futures were up 39 cents at $63.40 a barrel. The oil price fell by more than 3 percent on Monday, marking its largest one-day fall since June, following a sharp sell-off on Wall Street as the tech sector came under fi re. "For oil, politics drives the market noise with the trade dispute and the geopolitically more hawkish US government pushing prices either way," Julius Baer head of commodities and macro research Norbert Ruecker said. Greg McKenna, chief market strategist at futures brokerage AxiTrader, said traders were wary of the fact that the market was still holding large amounts of long positions, which will need to be sold off at some stage. "That makes prices vulnerable to bad news," he said, pointing to rising Russian production and the likely drop in Saudi physical crude prices. Money managers raised their bets on a sustained price rise in Brent crude to the highest level on record last week, bringing total long holdings of futures and options to the equivalent of more than 615 million barrels. "With excessive hedge fund positions still looming over the market, profi t taking should weigh on oil prices over the coming weeks," Julius Baer's Ruecker said. Brent reached a 2018 high of $71.28 a barrel in January but has since struggled to pass that level. Two rallies last week ran out of steam just above $71. There was also pressure coming from the physical market, where top exporter Saudi Arabia is expected to cut prices for all the crude grades it sells to Asia in May, while output from Russia, the world's largest producer, hit an 11-month high. Saudi Arabia and Russia have led ongoing efforts by the Organisation of the Petroleum Exporting Countries (OPEC) and other major producers outside of OPEC to cut back output to support prices. The market was also awaiting fuel inventory data due from the American Petroleum Institute early today. Crude oil inventories are forecast to rise for a second week according to a Reuters poll on Monday. A pump jack stands idle in Dewitt County, Texas